FedEx ranks among Top 10 most admired corporations

FedEx Corp. staked out No. 10 onFortune magazine’s list of most admired companies, marking the 13th consecutive year it has ranked in the top 20.

“As we begin 40 years of operations, we are honored to be included on the Fortune most admired companies list,” said Frederick W. Smith, chairman of the Memphis-based cargo carrier.“The recognition is a testament to the service culture of FedEx and our 300,000 team members who go above and beyond for our customers every day.”

According to a survey published Thursday in Fortune, Apple was No. 1, followed by Google, Amazon.com, Coca-Cola, Starbucks, IBM, Southwest Airlines, Berkshire Hathaway and Walt Disney.

WREG-TV shines in Nielsen sweeps

Preliminary results from Nielsen Media Research for February sweeps period that ran from Jan. 31 to Feb. 27 show that WREG-TV Channel 3 came out the big winner, claiming most of contests for local broadcast news.

Sweeps ratings released on Thursday show that the CBS-affiliate WREG scored the most viewers in all but one local broadcast news period, tying with NBC-affiliate WMC-TV Channel 5 at 6 p.m.

Here’s how the stations fared:

5 a.m. — WREG came in first with 6.4, followed by NBC-affiliate WMC-TV Channel 5 with 5.4, FOX 13 with 3.1, and ABC 24 with 1.6.

6 a.m. — WREG had 7.7, followed by WMC with 7.4, FOX 13 with 5.2, and ABC 24 with 1.6.

Noon — WREG scored 6.9 for its half-hour news broadcast and WMC came in with 4.8 for its hourlong news show.

4 p.m. — WREG came in first with 6.9, followed by WMC with 4.5.

5 p.m. — WREG had 8.9, WMC had 7.6, and ABC 24 had 2.1. FOX 13 had 4.8 for its hourlong broadcast.

6 p.m. — WREG and WMC tied, both scoring 9.8. ABC 24 had 1.7.

9 p.m. — FOX 13 had 5.7 for its hourlong news show, followed by CW 30 with 2.9.

10 p.m. — WREG claimed first with 10.8, WMC came in second with 8.3, followed by FOX 13 with 3.7, and ABC 24 with 2.0.

Each ratings point represents about 6,700 households and the figures help stations determine advertising rates.

American Paper relocates warehouse

American Paper and Twine Co. of Nashville said its Memphis branch will move. The new warehouse will be located at 3695 Knight.

Done deal

Jeff Johnson of SAJ LLC has purchased 2531 Broad for $150,000. The 4,224-square-foot building was sold by the Harold Buehler Sr. estate. Tucker Beck of Crye-Leike Commercial represented the seller, and Michael Varner of Crye-Leike represented the buyer.